The $2.3 billion Welspun Group includes Welspun India Ltd (WIL), a world-renowned manufacturer of home textiles. Welspun is strategic partners with leading international merchants thanks to its distribution network in more than 50 countries and world-class manufacturing facilities in India. Welspun aims to create value for their stakeholders at every stage by embracing an agile and flexible work structure, implementing effective working capital management, and extending their present market sectors. Welspun India has made the decision to use a comprehensive ESG approach with the goal of promoting stakeholder well-being at every level of their operations. On the strength of a strategic road map to go forward methodically on the path of sustainable development, the organisation seeks to have a profoundly positive influence. WIL is motivated by its branding, innovation, and sustainability-based differentiation approach. This facility, which cost Rs. 500 crores to build, is Welspun’s second in the area after investing Rs. 1500 crores two years ago in a flooring facility. Welspun was among the earliest investors in Chandanvelli, and the presence of this facility is evidence of Welspun’s confidence in Telangana’s ability to support enterprises. In 2022, Telangana was rated as having the easiest business environment.
The factory will produce products that people use on a daily basis, including areas like hygiene applications, family care, and more. The new facility will also help the Group realise its new goal, “Har Ghar Se Har Dil Tak Welspun,” which calls for the Through the companies in its portfolio, Welspun Group aspires to make a difference in the lives of customers.
The event’s keynote speaker, Mrs. Dipali Goenka, Jt. MD & CEO, Welspun India, said, “The new facility will not only strengthen Welspun’s expanding portfolio, but also create 12,000+ direct & indirect jobs that will assist the local villages of Chandanvelli. Welspun bases its investment decisions on a comprehensive understanding of how to offer high-quality products and improve people’s lives.
